We wrote a longer than usual report on Qtum progress for Q1 & Q2 2024, along with our plans moving forward. We figured our 7th anniversary is a good time to condense much of what we've been up to in one long post:

https://t.co/7BgmxnZoVL

This Tweet is also going to be longer than usual, because we want to highlight some of the developments going on at Qtum.

Qtum development consists of 3 teams:

1⃣ Qtum Core, responsible for staying upstream with the latest Bitcoin Core and Ethereum Virtual Machine updates, along with implementing promising tech like BRC-20 etc.

2⃣ Qtum AI, responsible to researching and developing utilities that utilize our Nvidia 3080 GPU farm. To date we've launched a chatbot and image generator on open source models. We plan to launch a text-to-image generator, and soon an API that will allow people to use these GPU's if they pay in Qtum.

3⃣ Qtum Ecosystem, responsible for building infrastructure on top of Qtum Core. After deploying Janus and Qnode, the next logical step is to build out a bridge to Ethereum in order to get stablecoins flowing on Qtum. This will ultimately lead to some DeFi and other forms of Web3 finally going on Qtum.

Each of the 3 development streams we discuss in the above document, and each team has its own roadmap. Q3 & Q4 will be more about deploying tech that we developed earlier in the year, now that audits are finished and code has been delivered.

Thank you all for a wonderful 7 years. We know it has been a bit of a slow grind to get to where we're at now, but we cover some of this in the document above. Thank you all!

The Qtum Main Network launched on September 13th, 2017. Today we are celebrating 7 years of active development. 2024 and 2025 will see an increased level of developer activity, as we work to deploy more AI utilities and core web3 infrastructure for ecosystem growth.

🚀Our latest Development & Community Update is out! https://www.qtum.org/news/august-2024-dev-com-updates

🔹 Qtum Core 26.1 & 27.1 in progress
🔹 New AI tools
🔹 Metamask Snap & @circle “Bridged USDC Standard” testnet deployment
🔹 Audits: @MetaMask Snap, Dapp & Bridge finished
🌐 Community testing soon🌐

We chose a MetaMask Snap to work with @circle "Bridged USDC Standard" USDC bridge in order to bring a familiar user experience for DeFi veterans. Read more here:

https://www.qtum.org/news/the-qtum-metamask-snap-is-coming

@Consensys

To prepare for our upcoming Qtum bridge, we've developed a MetaMask Snap. Now that it has been audited by an approved company, we've submitted it for approval to Consensys. We're aiming to get our "Snap" listed on the MetaMask Snap directory:

https://snaps.metamask.io/

We discovered a User Interface issue with the Qtum MetaMask Snap implementation where the wallet was asking for a Qtum address and would only accept Hex addresses and not Base58. We decided to make a quick fix to this and get that portion of the wallet re-audited by Sayfer. Because Qtum is based on Bitcoin Core, the addresses are displayed as Base58. The EVM implementation on Qtum obviously is based on Ethereum, so it uses Hexadecimal format, and we have an interpretation layer in the middle called the "Account Abstraction Layer" that does the address conversions for the end user. This could have been confusing for users trying to bridge USDC to Qtum and back.

We developed a MetaMask Snap so users will have a familiar interface while using the Qtum Bridge to transfer USDC from Ethereum to Qtum and back. With the audit finished, we can now submit our code to Consensys to apply for a listing in "Snaps Directory". It's only possible to apply if the code has been audited by an approved entity, which is why we went with Sayfer.

This is the last step before we start rolling out a testnet implementation of the bridge. We're already planning to do a fun community event that asks users to transfer as much testnet Qtum and Sepolia USDC back and forth to test the stability and speed of the product.

Here's a link to the wallet audit:

Read the Qtum Development and Community Updates from July here: https://t.co/3p1erJAHrk

"July brought some nice developments on the audit front. With the bridge and MetaMask wallet audits finished, we can focus on the rollout phase of the bridge. We’re deploying this to bring the Circle USDC stablecoin to Qtum to stimulate Web3 activity and DeFi"

Check out the Qtum profile on #CoinMarketCap to see certain highlights on our timeline. We'll continue to submit more achievements to their listing department to get more information on this chart.

https://coinmarketcap.com/currencies/qtum/

Thanks @CoinMarketCap !

We're making more progress toward @circle USDC being bridged to Qtum. The @CertiK audit of the Qtum-Ethereum bridge is now public and can be viewed here:

https://skynet.certik.com/projects/qtum

You can also see some detailed information about the development activity at Qtum in the other tabs!

To support our upcoming implementation of @circle "Bridged USDC Standard" on Qtum, we developed a MetaMask Snap wallet. The audit just came back from @SayferSecurity which can be viewed here:

https://sayfer.io/audits/metamask-snap-audit-report-for-qtum/

Since June 2017, Qtum has seen 48 GitHub releases. Each release consists of multiple patches and updates, along with other new features. Qtum Core is currently version 25.1 in production, version 26.1 is in testing, and version 27.1 being developed.

Qtum Core 25.1 (Current Production):
https://t.co/gwsCqIkxi8

Qtum Core 26.1 (in testing): https://t.co/PoZJFEBuL6

Qtum Core 27.1 (In development):

Qtum June 2024 Updates: https://qtum.org/news/june-2024-devandcomm-updates

Qtum <-> Ethereum bridge for USDC stablecoin support has passed 2 audits. Testnet incoming. MetaMask Snap development finished.

http://Qtum.ai image generator is online, first community event completed.

Qtum Solstice: https://qtum.ai/solstice.

A conversational chatbot akin to ChatGPT is based on open-source models. This alpha deployment will engage users in helpful and intelligent dialogue.

Truly decentralized blockchains empower anyone to validate transactions by running a node, strengthening the network.

Check out the Qtum node map on our website here: https://qtum.org/about/node.

@FoxWallet 5.1.0's recent update allows Qtum Offline Delegate Staking! You can delegate your non-staking wallet addresses to superstakers without relinquishing control over your tokens. Fox Wallet also supports Qtum BRC-20, Qtum Testnet, and QRC20.

https://foxwallet.com/

The bridge infrastructure development was completed and audited this past month. Soon, you can bridge Circle USDC between #Qtum and #Ethereum. As we enter the testing mode, here are all the updates from May 2024.

https://qtum.org/news/may-2024-comm-and-dev-updates

The June 18th @FoxWallet update allows Qtum offline staking. Fox Wallet also supports QtumBRC-20, Qtum Testnet, and QRC20. This wallet is available on mobile or Chrome extension.

https://foxwallet.com/

May 2024 Qtum Updates: Check out Qtum's latest updates, featuring Bridged USDC development, Testnet Faucet enhancements, the Qurate 2 Earn meme contest using Qtum AI, and more.

https://t.co/2LyIEynVCi

#Qtum

Truly decentralized blockchains allow anyone to validate transactions by running a node. This strengthens the blockchain.
Check to see the Qtum node map on our website here: https://qtum.org/about/node.

#Qtum